The Treasury Department would buy the silver with new paper money that could be exchanged for silver or gold.
VOA: special.2010.06.17
Everyone wanted gold. They took their paper money and their silver to the government and exchanged them for gold.
VOA: special.2010.06.17
All of them produced large amounts of paper money -- many times the amount they could exchange for gold or silver.
VOA: special.2009.01.01
One bank in the state of Michigan offered paper money with a picture of a wildcat on it.
VOA: special.2009.11.08
Many people believed the depression would end if the government issued more paper money backed by silver.
VOA: special.2010.07.01
He noted how people throughout the nation had been exchanging their paper money and silver for gold.
VOA: special.2010.06.24
Millions of Americans now use a debit card or credit card, instead of paper money or checks, to make most of their purchases.
VOA: special.2009.05.21
The government would pay for the silver with paper money -- treasury notes -- which could be exchanged for gold or silver money.
VOA: special.2010.06.03
Dollars are called greenbacks because that is the color of the back side of the paper money.
VOA: special.2009.11.15
As more and more paper money was put into use, the value of the money fell.
VOA: special.2009.01.01
Much of this paper money was used by business speculators to buy land from the government.
VOA: special.2009.01.01
In eighteen seventy-one, Germany declared that it would no longer support its paper money with silver.
VOA: special.2010.06.17
Some banks,however, did not have enough gold to support all the paper money they offered.
VOA: special.2009.11.08
It refused to accept the notes, or paper money, of these banks, unless the state banks were ready to exchange the paper for gold or silver money.
VOA: special.2009.01.01
The banks stopped honoring their promises to exchange their paper money for gold.
VOA: special.2009.01.01
A crowd of angry people heard speakers criticize the use of paper money.
VOA: special.2009.01.01
The government soon found itself with millions of dollars of paper money.
VOA: special.2009.01.01
It said the government -- not banks -- should supply paper money.
VOA: special.2010.06.10
Paper money was used to represent a nation's gold and silver holdings.
VOA: special.2010.06.17
He noted that every major nation supported its paper money with gold.
VOA: special.2010.07.01
They wished to continue the flood of paper money.
VOA: special.2009.01.01
It was paper money with his picture on it.
VOA: special.2009.12.14
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